Southwest Waterfront DC Market Report
Sales Volume up 119.93% from April 2012
THe big news in the April Southwest Waterfron DC Market Report was the Total Sold Dollar Volume, which rose 86.6% from March 2013 and 119.93% over April 2012. Dollar Volume in April was $6.436,205.
Closed Sales Up 50%
There were 18 Closed Sales in the month of April, up 50% over last year and 28.57% up from March 2013.
Median and Average Sold Prices Rise Significantly
Another big story in Southwest's April Market Report was price. Median Sold Price for the neighborhood rose 39.57% from April 2012 and 36.07% from March of this year. The Average Sold Price rose even higher, at 46.64% from 2012 and 45.13% from March 2013.
Days On Market (DOM) Down a Whopping 90.29% YoY
Another big number for SW was the drop in DOM, down 90.29% from 2012 and 76.71% from March of this year.
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Market data by RBI (Real Estate Business Intelligence)